news24.com·3 min read·medium

Chinese steel giant bankrolls Zim rail revival

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Chinese steel giant bankrolls Zim rail revival
✦AI Summary

The Zimbabwean unit of Chinese firm Tsingshan Holding Group has partnered with the National Railways of Zimbabwe to improve logistics for coal and steel transport. The deal includes infrastructure upgrades to rail lines to support the Dinson Steel plant's operations.

Why it matters

This highlights the growing influence of Chinese industrial investment in African infrastructure and the strategic importance of logistics for regional economic development.

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The Zimbabwean steelmaking unit ‌of Chinese metals giant Tsingshan Holding Group on Monday signed a partnership deal with the National ‌Railways of Zimbabwe (NRZ) to expand ⁠capacity for coal and steel haulage, the state logistics ⁠company announced.

Tsingshan's Dinson Steel Company, whose $1 billion (R16.6 billion) steel plant in central Zimbabwe started production in 2024, will haul 1.1 million metric tonnes of coal from ‌Hwange, a distance of about 600 km.

The rail upgrade deal also includes the transportation of 600 000 tonnes of steel products ‌from the Dinson plant to various markets in Zimbabwe and the region, the NRZ said in a statement.

Grand Railway Solutions, a subsidiary of the Dinson group, will provide locomotives, wagons and ‌fuel, with the ⁠NRZ contributing infrastructure and train crews, the state rail firm said.

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